Selective Insurance Group said its chief financial officer, Mark Wilcox, has resigned to hold the same position elsewhere.
Wilcox, also executive vice president, will leave Nov. 3. He will continue in the CFO role until Selective reports third-quarter earnings, the company said.
Anthony Harnett was appointed interim CFO in addition to his current position as chief accounting officer, until a permanent CFO is found.
Branchville, N.J.-based Selective Insurance Group, a holding company for 10 property and casualty insurance companies, hired Wilcox as EVP and CFO from RenaissanceRe Holdings Ltd in late 2016 to succeed Dale Thatcher, who retired after 16 years as the CFO.
“Mark has been my trusted partner and an excellent leader of our Finance team for nearly seven years,” said John Marchioni, Selective’s chairman, president and CEO, in a statement. “Throughout his time with Selective, we have continued to deliver consecutive double-digit non-GAAP operating returns on equity. We are pleased that he will assist us in a seamless transition and wish him well in his future endeavors.”
Nationwide has hired Kristina Talkowski from CNA to head up its middle market commercial lines business. Starting Oct. 16, she will be tasked with executing Nationwide’s long-term commercial lines insurance strategy for midsize businesses.
Talkowski has 20 years of insurance expertise, most recently as senior vice president of middle market segments at CNA, where she was responsible for growth strategy, underwriting guidelines and execution of CNA’s middle market industry specialization. Before CNA, Talkowski was at similar roles with Chubb Group and Liberty Mutual Insurance Group.
American International Group (AIG) announced that Patricia Walsh will join the company as executive vice president and general counsel, effective Dec. 1, 2023. She will report to Peter Zaffino, AIG’s chairman and CEO, and serve on AIG’s Executive Leadership Team.
Rose Marie Glazer will remain Interim general counsel until Walsh officially starts at AIG.
Walsh will be responsible for AIG’s legal, compliance and regulatory functions, in addition to leading government affairs for the company. She joins AIG from Stripe, where she held the position of general counsel and corporate secretary, focusing on all aspects of the company’s legal and regulatory affairs. Prior to Stripe, Walsh served as EVP and chief legal officer of Voya Financial, as deputy general counsel at Cigna Corp. and at MassMutual Life Insurance Company. She also has served as a director on the board of Corebridge Financial since September 2022 and serves on the board of Mt. Holyoke College.